XRP is currently trading at $2.06, reflecting a 24-hour decline of 6.14%. The price range for the day has been tight, with a high of $2.21 and a low of $2.06, indicating a lack of volatility and potential weakness in buying momentum.

The trading volume stands at approximately $2.97 billion, contributing to a volume-to-market cap ratio of 2.39%. This relatively low ratio suggests that market participants are cautious, which aligns with the negative price action observed over the last 24 hours.

Technical indicators show a stark bearish sentiment, with the 1-hour RSI at 19, indicating oversold conditions and a potential rebound risk. However, the 7-day RSI of 44 suggests that while the asset is nearing oversold territory, it has not yet reached extreme conditions that would prompt a strong reversal.

The moving averages are all displaying a downward trend, with the 8, 13, 21, and 55 SMA all hovering around $2.20 and showing losses ranging from -6.13% to -6.41%. This consistent negative slope in moving averages indicates that sellers are in control and reinforces the bearish outlook in the short term.

Fundamentally, XRP has seen a significant 30-day price decline of 17.46%, indicating ongoing selling pressure. Despite this, the all-time high of $3.65 reached on July 18, 2025, highlights potential long-term upside if conditions improve, though current market dynamics suggest caution.

Given the current data, the recommendation for XRP is a Sell rating. The strong bearish indicators and lack of buying momentum over both short and medium-term time frames suggest further downside risk. Investors should consider reducing exposure until a clearer bullish reversal pattern emerges.